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OYO ACQUISITION DISPUTE
SC dismisses Zostel's appeal against OyoA bench comprising Justice Sanjay Kumar and Justice Satish Chandra Sharma dismissed Zostel’s special leave petition against the High Court ...- Oyo says Delhi HC sets aside arbitral award and dismisses execution petition by ZostelThe Delhi High Court has overturned an arbitral award against Oyo in its dispute with Zostel Hospitality, stating Oyo did not breach any ag...
- NPCI pings govt, industry on UPI market share cap; ONDC rules on resolving disputes coming soonPhonePe and Google Pay, on average, have a share of about 80% on the digital payments network each month. While PhonePe clocked 3.14 billio...
- Court says Zostel to get option for amount equal to 7% in Oyo parent if it wins caseHC tells Oyo to inform Sebi of latest order but restrains Zostel from writing to authorities
- India’s war on the internetIn it, IFF highlighted that internet shutdowns are extremely common in India, citing reports by Top10VPN and Access Now, and data from the ...
- Oyo gets Delhi HC relief on IPO challenge from ZostelPeople in the know said Zostel is likely to approach a division bench of the high court to challenge the order, pronounced by a single-judg...
- Startups go all out to attract talent; Lightspeed chases growth dealsIndian startups including the likes of Meesho, PhonePe, Upgrad, Purplle, Pristyn Care and Spinny are going all out to rope in and retain ta...
- Mamaearth, Cult.fit snap up offline firms; Jio Platforms to bet $200M on GlanceWhile it may be too early to call it a trend, these aren’t the first tech startups to acquire old-school firms since the start of the pande...
- Nykaa and Oyo: a tale of two IPOsOn Thursday, Nykaa will become the second Indian tech startup to launch an IPO, after Zomato. The company has seen its business recover gra...
- More funds eye Paytm IPO; govt may rethink safe harbour rulesPaytm's highly anticipated IPO has drawn the attention of various funds in the US and Europe.
- Paytm courts Swiss RE, Info Edge cofounder on startup IPOsPaytm has been waiting for more than a year for regulators to approve its acquisition of general insurance firm Raheja QBE. Now, it is on t...
- Zostel plans to take Oyo IPO complaint to SebiZostel is planning to move the Securities and Exchange Board of India (Sebi), asking it to put the proposed $1.2 billion IPO on hold, said ...
- Oyo joins startup IPO rush to raise $1.2 billion, seeks Sebi nodSoftBank, founder Ritesh Agarwal to remain promoters after public offering; More than 90% of OFS is from the Japanese investor; Company rev...
- Oyo’s IPO filing; Facebook official grilled in US senateOyo Hotels & Homes, India’s third-highest-valued private startup, has filed its draft IPO papers with the capital markets regulator. It see...
- The rise of startup advisors and micro ecommerce sitesHomegrown startups such as Zoomcar and Wakefit.co are hiring top talent from India and around the world to help them unlock the next level ...
- Oyo to move ahead with IPO plans, Delhi HC to hear Zostel case on October 7While Oyo has challenged the SC-appointed arbitrator's order passed originally in March over the dispute, Zostel moved an application late ...
- Exclusive: Zostel's petition in Delhi HC adds a legal twist to Oyo's IPO sagaHospitality startup approaches Delhi High Court to restrain Oyo from modifying its shareholding structure or cap table including by way of ...
- Term sheet binding, Zo entitled to get up to 7% in Oyo: ArbitratorAn Arbitral Tribunal has ruled that Oravel Stays is bound by the Oyo-Zo Rooms acquisision deal struck in 2015 and that Zostel Hospitality c...
- SC sends OYO-Zo Rooms dispute for arbitrationThe companies have been locked in litigation, filing cases in various courts against each other, ever since OYO in October last year decide...
- VentureNursery's demands in way of OYO’s Zo acquisitionVentureNursery’s demand that it be given access to information and the right to exit at a pre-determined valuation has stalled the acquisit...
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